Head of Capital Markets Data Products

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries.  We are 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions

Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

Role Overview

The role involves leading Parameta Solutions' global product development initiatives, focusing on data opportunities from TP ICAP's Global Broking activities. The position requires managing a team of regional subject matter experts, setting objectives, and developing strategies for current and future data products. The candidate will serve as the subject matter expert on a range of OTC derivatives, fixed income, credit, and equity derivative data products, both internally and externally. Responsibilities include overseeing the procurement of data from broking desks, ensuring its proper channeling through Parameta Solutions, and maintaining a five-year strategic plan with market analysis and P&L projections.

Additionally, the role involves guiding products from ideation to market launch, ensuring P&L delivery, and coordinating with various teams including Technology, Sales, Client Services, and Analytics for successful project implementation. The candidate will engage with industry bodies, manage multiple projects, and perform data inventory assessments to identify monetisation opportunities. Maintaining strong relationships with senior Global Broking managers and working closely with other product managers and marketing teams is crucial. The role also includes providing SME support during sales processes and representing the company at industry events. As a senior staff member, the candidate is expected to lead and mentor junior colleagues, driving process improvements and strategic initiatives with potential third-party data sources.

Role Responsibilities

• Lead global product development initiatives for new data opportunities from Global Broking activities.

• Manage a team of regional SMEs, setting objectives and strategies for current and future data products.

• Act as the subject matter expert for OTC derivatives, FX derivatives, fixed income, credit, and equity derivative data products.

• Oversee the procurement and publication of data from all new broking desks via Parameta Solutions.

• Develop and maintain a five-year strategic plan, including market analysis and P&L projections for Global Broking data products.

• Guide products through ideation, development, and go-to-market launch phases.

• Ensure P&L delivery and report on product performance to senior management and key stakeholders.

• Coordinate with various teams to implement complex projects and ensure successful execution.

• Engage with industry bodies and clients to research and enhance content and data offerings.

• Drive new business initiatives through research, documentation, and communication of new data methodologies.

• Conduct periodic data inventory assessments and identify new monetisation opportunities.

• Collaborate with other product managers to develop revenue-generating products from Global Broking data.

• Maintain strong relationships with senior Global Broking managers and other key stakeholders.

• Oversee marketing activities, including newsletters and conference representation, and support sales campaigns.

• Lead process and operational improvements and provide guidance to junior colleagues on issue escalation.

Experience / Competences

Essential

• Experience in a real-time market data environment (either buy-side or sell-side)

• Proven product management experience in financial services, including bringing revenue-generating products to market

• Understanding of the use of OTC data within financial markets, including the instruments required for various businesses

• Degree qualified or equivalent work experience

• Excellent leadership, communication (written and verbal), analytical, and negotiation skills

• Highly effective decision-making skills

• Ability to work to demanding targets and deadlines while maintaining strong organisation and focus

• Ability to review large, complex trends of financial and customer data to improve P&L and customer service

• Ability to translate ideas from concept into strategy and specific actions

Desired

• Creative and commercially savvy, with the ability to anticipate and interpret upcoming industry trends

• Demonstrated leadership skills, including listening, empathy, decisiveness, and stakeholder management.

• Comfortable representing TP ICAP at events and seminars.

• Ability to sponsor change/continuous improvement and promote excellent customer service.

• Ability to work independently and self-motivated.

• High impact and visible credibility at all levels.

Role Band / Level

• Functional Head / 8

#PARAMETA #LI-Hybrid #LI-DIR

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

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